Comments on: Cash for Clunkers a.k.a. Car Allowance and Rebate System

By: Saturday Staples: Cash for Clunkers : Yielding Wealth - Personal Finance Tips - Money Management Advice

Sat, 25 Jul 2009 14:32:49 +0000

[...] Mrs. Micah [...]

By: Cash for Clunkers Bill Details: CARS Program | Prime Time Money

Cash for Clunkers Bill Details: CARS Program | Prime Time Money — Tue, 21 Jul 2009 21:30:34 +0000

[...] Cash for Clunkers program runs through Nov 1, 2009 or when the funds are exhausted, whichever comes [...]

By: krelly

krelly — Tue, 21 Jul 2009 12:29:47 +0000

What if you buy your totaled car back from insurance company, the damage has not rendered it undriveable but they exceed the value of the older car, can you then use that car? It is still registered and insured, but the insurance value is zero.

By: karenc

karenc — Mon, 20 Jul 2009 19:01:22 +0000

The program is really just for pickups and SUVs since most cars won’t qualify. You can always donate car to charity and get a tax deduction. Your car doesn’t have to run, either!

By: jared

jared — Sat, 18 Jul 2009 16:00:38 +0000

buyer beware, scams are popping up all over the internet and at certain dealerships

http://tinyurl.com/nlv3ed

By: The Financial Blogger » Blog Archive » Financial Ramblings – Buying Gather Little By Little Blog Edition

Sat, 18 Jul 2009 11:53:05 +0000

[...] Micah talks about the car allowance and rebate system. This is too bad we don’t have the same thing in [...]

By: Pamela

Pamela — Sat, 18 Jul 2009 06:41:25 +0000

Hubby’s car misses the mark by 2 mpg and mine misses by 3 mpg. Bummer. Oh well, it’s not as if we have money for a new car now anyway…

By: mrsmicah

mrsmicah — Fri, 17 Jul 2009 19:33:50 +0000

@Brian it would certainly be fortuitous. Between that and the insurance company payment...it'd be worth it to get a new car. @Pete we're getting a lot of those in our area too. We'll see how it turns out. @Miss M yep, there can be a real difference between what you're getting on a vehicle and how it's listed. I suppose the logic is that you could get it into that condition again. @PT Money that'll come Mon or Weds, we'll see. @kasey it's nice that it has another practical effect than just, perhaps, stimulating the economy. @Jessica good point. I don't think I ran across that, I'll have to check. It makes sense, as buying a car in the last 10 years that gets 10mpg or less means you wanted a guzzler, not you're trying to squeeze every last penny out of an old, paid-off car.

By: Jessica

Jessica — Fri, 17 Jul 2009 19:17:37 +0000

It’s not immediately apparent on the website, but the old car also can’t be newer than a 2001 model either.

By: kasey at thriftylittleblog

kasey at thriftylittleblog — Fri, 17 Jul 2009 17:26:47 +0000

I think this is a pretty nifty program. Everyone is motivated by money, but fewer are motivated to save the environment. Sounds like a winner. kasey at thriftylittleblog’s last blog post: My Costly C's